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Vis major is a Latin term that means "superior force" and describes an irresistible natural occurrence that causes damage or disruption and that is neither caused by nor preventable by humans—even when exercising the utmost skill, care, diligence, or prudence. The gist of Vis Major or an Act of God it is just not the positive intervention of superior forces that absolves one of liability but more importantly that it is an inevitable, unpredictable and unforeseeable actions of superior forces that occur without human intervention.
A man bought an washing machine of Rs.15000 and spend Rs.2000 on its repairing and Rs.1000 for buying its new parts. After few days he vend it...
A shopkeeper bought 1200 units of a product at ₹25 per unit and sold them at ₹35 per unit. After selling 40% of the total units, he increased the se...
A man bought an article at 25% less of the marked price and sold it at 15% more than the marked price. Find the profit earned by him.
...After selling 15 chairs, a furniture shop earns a profit equivalent to the selling price of 3 tables. While selling 10 tables, the shop earns a profit e...
A bought a laptop for Rs.15000. He spent 15% of the amount that he had paid for buying it for its repair. He then sold the laptop to B and earned a prof...
A invested Rs X in a scheme. After 6 months, B joined with Rs 7500 more than that of A. After an year, ratio of profit of B to the total profit was 3: 7...
A shopkeeper marked an article Rs. 540 above its cost price and sold it after giving a discount of 25% and earned a profit of 35%. Find the cost price o...
The selling price of an item, when sold at a 35% profit, is Rs. 168 higher than its selling price when sold at a 5% loss. If the ...
